:) You should learn from different sites. Check google for the following: Forex trading lessons Forex trading tech analys Tehnical analysis Learn not just when not tor trade but everything else. Trade Demo for months and then, go live with at leat 1000 $, less will end you up loosing. For your original question:
Dont trade on late friday, dont trade when big news are coming out - you can check these on forexfactory, yahoofinance or here.
Agree with TremtJohn...no new trades late Friday, no new trades on the Monday opening (wait at least 1-4 hours to let the market settle), be aware of significant news releases (check myfxbook Economic Calendar for upcoming news releases), and look to the London-New York session for best trading time in general.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.